BankiFi

📣 This just in…   BankiFi are featured in the 20th anniversary edition of Capgemini's World Payment Report 2025!   As the global payments landscape continues to evolve, we’re proud to see that our payment solution has been showcased on page 39 of the report.   The highlights: 💸 79% of SMEs using our app report getting paid in just 2 days 📈 Our partner bank saw 62% YoY growth in new commercial accounts As well as supporting SMEs to get paid faster, our payment solutions help banks to drive deposits, increase relationship primacy and expand lending opportunities.   👉 Catch the case study on page 39 in the report here: https://bit.ly/3MkocuL

🎉 We’re excited to share that we have been shortlisted for an award at this year's Open Banking Expo, in the 'Best App' category! 👀 Watch this space...stay tuned for more information about our entry to the #OBExpoAwards2024. In the meantime, if you're headed to the Open Banking Expo event on 15th-16th October, don't forget to visit us at Stand G23. 📍 #openbanking #openfinance #opendata #openpayments #fintech #payments

We're exhibiting at Open Banking Expo 2024! As partners of this year's event, we invite you to visit the BankiFi team at Stand G23 to learn more about how we can transform your small business banking offering with our Engagement Banking solutions. We've helped banks across the globe with our services that combine Open Banking technology, human interaction, and marketing to: 🚀 Grow deposits 💸 Expand lending 🤝 Strengthen relationships If you're attending Open Banking Expo this October, stop by and chat with our experts, Mark Hartley and Nick Reid, about how we can help meet your goals and your SME customer's needs. Comment ‘Meet at OBE’ below, and we'll arrange a 1:1 with our team. See you in London! #obexpo #openbanking #openfinance #opendata #openpayments #fintech #payments

💡 Banks: Are you tapping into the full potential of your SME customers? 🥇 Traditional banks have a golden opportunity to foster relationship primacy with SMEs by providing a combination of digital and human services that meet their needs: saving them time and solving late payments. 🤳 Discover how digital tools that expedite payments and save time, coupled with personalised human interactions, can unlock growth opportunities for both SMEs and banks. 🎥 Watch Nick Reid’s insights or read the blog in full here: https://hubs.la/Q02LfHm20 #SMEs #Banks #FinancialInstitutions #SmallBusinessBanking #DigitalBanking #PhygitalBankingSolutions

🏦 The SME opportunity couldn't be bigger for banks 🗣️ We've spoken to thousands of small businesses to understand what products they really need to help them operate and grow. 📈 Those same products are also helping banks increase deposits and identify lending opportunities. 📽️ Thanks to the brilliant Blue Caribou Productions for helping us bring our story to life. #engagementbanking #smallbusinessbanking #SMEfinance #cashmanagement #phygitalbanking

⏪ Last week we heard 3 exciting SHIFT Open Finance Community members pitch their companies to a panel of experts at a very full Rise, created by Barclays in London. 🏅 Congratulations to "SHIFT Fintech Showcase" winner, Will Ephraim of Eliq who faced tough competition from Daniel Rose (Doshi) and Olivia Minnock (mmob). 🤝 It was also great to hear Oliver Parsons of Lloyds Banking Group and Charlotte Kanagasabapathy from Barclays share their insights on what banks really look for in Fintech partner propositions, more specifically how they can bring strategic value and help drive innovation. 🎤 Event / hosting credit: Kyle Masterson - you put on a fantastic morning and had a full house to boot! 📷 Photo credit: Luke Casey (thanks for taking the best shot of the day!) #customerengagement #SHIFT #fintech #embeddedbanking #engagementbanking #businessbanking

⚠️ SMEs faced an average delay of 7.3 days in receiving payments between April and June this year - the highest since the pandemic began! 📰 A new article in The Times goes on to highlight the impact late payments are having on SMEs, with the Federation of Small Businesses (FSB), Tina McKenzie, warning "The lack of promised legislation to tackle late payments and poor payment practices by bigger businesses to their small business suppliers is the most serious omission for our community and will hold back economic growth." 🏦 We believe traditional banks are in a great position to offer solutions that can help SMEs solve this issue. From our own data, we can see that 79% of small businesses using our bank branded payments solution get paid in just 2 days. 👀 Read The Times piece in full, here: https://lnkd.in/e8sAzDn4

📊 “Our difference maker is the real-time data and insights we share with our bank partners from the thousands of businesses using our solutions. 👩🏼💻 By combining technology and digital interactions with the often-missing human engagement and speaking to businesses daily, we’re bringing to life a customer segment that isn't relationship managed and has previously been invisible to banks.” - Nick Reid, BankiFi’s Head of Strategic Growth Read more in Woodhurst’s latest newsletter by clicking the post below ⬇️

🚀 Can mastering the art of customer engagement and marketing create an opportunity for banks to increase their revenue? 👉 Click the link to read our insights: https://hubs.la/Q02wl13_0

🤔 Are institutional lenders at a crossroads when it comes to SME lending? Read the blog to discover more: https://hubs.la/Q02s-n3S0